As filed with the Securities and Exchange Commission on November 6, 2007 Registration No. 333-144377 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 POST-EFFECTIVE AMENDMENT NO. 1 TO FORM SB-2 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PHOTOVOLTAIC SOLAR CELLS, INC. (Exact name of Registrant specified in charter) Nevada 3699 20-8753132 (State of (Primary Industrial (I.R.S. Employer Incorporation) Classification) I.D.#) 4115 Bandy Blvd., Unit A-7 Ft Pierce, Florida 34981 (727) 735-7832 (Address, including zip code of principal place of business and telephone number, including area code of Registrant's principal executive offices.) Lawrence F. Curtin President 4115 Bandy Blvd., Unit A-7 Ft Pierce, Florida 34981 Tel: (727) 735-7832 (Name, address, including zip code and telephone number, including area code of agent for service.) Approximate date of commencement date or proposed sale to the public: As soon as practicable after this Registration Statement becomes effective. If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] If delivery of the prospectus is expected to be made pursuant to Rule 434, check the following box. [ ] REMOVAL OF SECURITIES FROM REGISTRATION Photovoltaic Solar Cells, Inc., a Nevada corporation (the "Company"), filed a Registration Statement on Form SB-2 on July 6, 2007 (Registration No. 333-144377) to register an offering of a maximum of 4,000,000 shares of its common stock at a price of $0.20 per share on a self-underwritten/best efforts/no minimum basis. The Securities and Exchange Commission declared the Registration Statement effective on July 23, 2007. A total of 615,000 shares were sold under the Registration Statement. The Company is filing this Post-Effective Amendment No. 1 to deregister the 3,385,000 shares that remain unsold under the Registration Statement as of the date of filing of this Post-Effective Amendment No. 1. The Registration Statement is hereby amended, as appropriate, to reflect the de-registration of such shares. SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirement for filing on Form SB-2 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Ft Pierce, State of Florida on November 6, 2007. PHOTOVOLTAIC SOLAR CELLS, INC. By: /s/ Lawrence F. Curtin Lawrence F. Curtin, President Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated. Name Title Date /S/Lawrence F. Curtin Director, President November 6, 2007 Lawrence F. Curtin (Principal Executive Officer) /S/ Harvey Judkowitz Director, Treasurer November 6, 2007 Harvey Judkowitz (Principal Financial Officer & Principal Accounting Officer) /S/ Zechariah Krogen-Curtin Director, Secretary November 6, 2007 Zechariah Krogen-Curtin